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All Forum Posts by: Mike Dugan

Mike Dugan has started 12 posts and replied 23 times.

I am getting ready to pull the trigger in next 4-8 weeks on purchasing first SFR rental property. My mid score is 705, have solid/high w-2 reported income and have cash for a 20% down type conventional type program. List price will be between 60-100k (house will appraise for at least list price).

I am familiar with owner occupied financing, but have noticed when moving into investment type properties that fees/points seem to go up.  Looking to see what lending options there are that provide best combination of rates and points.  Would like to preserve as much cash as possible, so open to other types of options out there that I might not be aware of...

Thanks for any and all help!

Mike

Post: Investor from Grand Rapids, MI

Mike DuganPosted
  • Wholesaler
  • Grand Rapids, MI
  • Posts 24
  • Votes 7

that sounds good - maybe lunch sometime next week?  I am near the knapps corner meijer area by 3 mile and beltline

Post: Investor from Grand Rapids, MI

Mike DuganPosted
  • Wholesaler
  • Grand Rapids, MI
  • Posts 24
  • Votes 7

Hey everyone!

Have recently had some success in land investing and now wanting to work on creating bigger streams of income thru RE - single family, multi, apartments - whatever makes sense.